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Won't the cars traded in just get sold right back out at extremely low prices? Overall this program is likely increasing the number of vehicles on the road. Th
by GavinB 17y ago
Won't the cars traded in just get sold right back out at extremely low prices?
Overall this program is likely increasing the number of vehicles on the road. The energy cost of producing the new more efficient cars may well be offsetting the energy gains of trashing the old clunkers.
- mediaman 17y agoI had this exact same thought. It turns out that they destroy the cars that are turned in. So really, it's a program to destroy functioning assets. Perhaps we can also pay people to break their windows.
- CalmQuiet 17y agoAs I understand it, the low-MPG clunkers turned in are supposed to be guaranteed to be turned into scrap - not allowed to be resold.